The Bottom Line: There’s no way around it, we need higher taxes to fix deficit

No matter what our ideology, we must face reality. We cannot fix our deficit without a tax increase.
The GOP prides itself in a no-new-taxes approach in nearly all circumstances. It’s a matter of principal, and it’s an understandable one. It doesn’t take many rounds of dirty politicians, expenditure fraud and flat-out disappearing money before voters become cynical and say, “no